Online share trading australia

Vietnam’s agricultural sector records progress Over the past years, Vietnam’s agricultural sector has reaped marked achievements, helping ensure national food security. Vietnamese staples such as coffee, rice, rubber, cashew nuts, pepper, fruit, seafood, wood and timber products have gained firm foothold in the global market. Statistics show that the sector’s gross domestic product (GDP) grows about 2.5 percent while its production value expands by 2.73 percent each year. During the 2013-2017 period, the sector’s total export turnover reached 153 billion USD, with 36.2 billion USD earned in 2017. Seven out of the 10 major products saw export turnover exceeding 1 billion USD. To create impressive changes in agricultural production, the Vietnam Farmers’ Union (VFU) has signed a cooperation programme with the Ministry of Science and Technology, under which the two sides join hands in implementing scientific and technological tasks … [Read more...] about BUSINESS NEWS IN BRIEF 12/12

The Hanoitimes - After concluding the transaction, Macquarie Bank increases its shareholding at Yeah 1 from 1.55 million shares or 4.96% to 1.58 million shares or 5.06%. Australia-based Macquarie Bank returned as a major shareholder of Vietnamese entertainment group Yeah1 after purchasing an additional 31,190 shares, announced the Ho Chi Minh Stock Exchange (HSX) on September 20. Illustrative photo. After concluding the transaction, Macquarie Bank increased its shareholding at Yeah 1 from 1.55 million shares or 4.96% to 1.58 million shares or 5.06%. On August 21, the Australian bank offloaded 88,150 shares of Yeah1 in a move to reduce its ownership proportion of shares below 5%. With the price of VND219,000 (US$9.06) apiece at the time of transaction, Macquarie Bank had to spend VND6.8 billion (US$293,400) to become Yeah1's major shareholder. Yeah1 has two other major shareholders in the names of Ancla Asset Limited with 3.4 million shares, … [Read more...] about Australia Macquarie Bank returns as Yeah1’s major shareholder

The Hanoitimes - Macquire Bank now holds nearly 1.3 million shares or 4.74% of Yeah1`s charter capital. Australia-based Macquarie Bank is no longer a major shareholder of Vietnamese entertainment group Yeah1 following the sale of 88,150 shares, according to the Ho Chi Minh Stock Exchange (HoSE). Illustrative photo. After concluding the transaction, Macquire Bank now holds nearly 1.3 million shares of Yeah1 or 4.74% of the latter's charter capital. In July, Macquarie Bank acquired over 1.57 million shares, equivalent to 5.74% of Yeah1's charter capital to become the group's major shareholder. Yeah1 has two other major shareholders in the names of Ancla Asset Limited with 3.4 million shares, equivalent to a 12.49% stake, and DFJ VinaCapital Venture Investment Ltd with over 1.95 million shares or a 7.14% stake. The firm also has two individual major shareholders namely Nguyen Anh Nhuong Tong, its chairman, and CEO Dao Phuc Tri. Yeah1 debuted its shares on … [Read more...] about Australia’s Macquarie Bank is no longer Yeah1’s major shareholder

Viet Nam’s turnover from textiles and garment exports to Australia is predicted to reach a double-digit growth after the signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This was said at a workshop in Ha Noi on May 9. Jointly held by the Vietnam Textile and Apparel Association (VITAS) and the IEC Group of Australia, the event focused on measures to help Vietnamese textiles and garment enterprises increase exports to Australia. According to Nguyen Phuc Nam, deputy director of the Department of Asia-Pacific Market under the Ministry of Industry and Trade, Australia is a potential market for Vietnamese textiles and garment exporters, although the market share of Vietnamese products in Australia remains small. Truong Van Cam, vice chairman and secretary general of VITAS, said the current growth of textiles and garment exports to Australia was just below 10 per cent, but with the signing of CPTPP, the rate was expected to reach a … [Read more...] about CPTPP likely to increase garment exports to Australia

Jointly held by the Vietnam Textile and Apparel Association (VITAS) and the IEC Group of Australia, the event focused on measures to help Vietnamese textiles and garment enterprises increase exports to Australia. At the workshop. Photo: kinhtevadubao.vn According to Nguyen Phuc Nam, Deputy Director of the Department of Asia-Pacific Market under the Ministry of Industry and Trade, Australia is a potential market for Vietnamese textiles and garment exporters, while the market share of Vietnamese products in this market remains small. Truong Van Cam, Vice Chairman and Secretary General of VITAS, said that the current growth of textiles and garment exports to Australia is just below 10 percent, but with the signing of the CPTPP, the rate is expected to reach a double-digit growth. Reports delivered at the workshop showed that total textiles and garment import turnover of the CPTPP member countries exceeded 53 billion USD in 2017, of which Australia was the third biggest … [Read more...] about CPTPP likely to lift Vietnam’s garment exports to Australia